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Sonnet BioTherapeutics - About the company

Sonnet BioTherapeutics is a public company based in Princeton (United States), founded in 2011 by Pankaj Mohan. It operates as a Developer of immunotherapies for the treatment of cancer. Sonnet BioTherapeutics has raised $750K in funding. The company has 3405 active competitors, including 1135 funded and 794 that have exited. Its top competitors include companies like Jazz Pharmaceuticals, BeiGene and Sana Biotechnology.

Company Details

Developer of immunotherapies for the treatment of cancer. The company has proprietary FHAB™ (Fully Human Albumin Binding) technology that empowers the development of innovative targeted biologic drugs with enhanced single- or bi-specific mechanisms. The company's lead compound is SON-1010 for solid tumors.
Email ID
*****@sonnetbio.com
Phone Number
+1 **********
Key Metrics
Founded Year
2011
Location
Princeton, United States
Stage
Public
Total Funding
$750K in 4 rounds
Latest Funding Round
Ranked
Annual Revenue
$1M - $10M as on Sep 30, 2025
Employee Count
11 as on Oct 31, 2026
Similar Companies
Exit Details
Public

Sonnet BioTherapeutics's IPO details

Sonnet BioTherapeutics got listed on Apr 02, 2020.
Click here to take a look at Sonnet BioTherapeutics's IPO in detail
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Sonnet BioTherapeutics's funding and investors

Sonnet BioTherapeutics has raised a total funding of $750K over 4 rounds. Its first funding round was on May 14, 2019. Sonnet BioTherapeutics has 1 institutional investor.

Here is the list of recent funding rounds of Sonnet BioTherapeutics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 10, 2024
9138967
Post IPO
2007739
8870396
3356598
9526561
Jul 17, 2023
9829259
Post IPO
3158208
1677610
9619539
3739983
Aug 25, 2020
3096762
Post IPO
9295574
5326475
9602111
2502025
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Sonnet BioTherapeutics' founders and board of directors

Founder? Claim Profile
The founders of Sonnet BioTherapeutics is Pankaj Mohan. Pankaj Mohan is the CEO of Sonnet BioTherapeutics.
Here are the details of Sonnet BioTherapeutics' key team members:

Sonnet BioTherapeutics' employee count trend

Sonnet BioTherapeutics has 11 employees as of Oct 26. Here is Sonnet BioTherapeutics's employee count trend over the years:
Employee count trend for Sonnet BioTherapeutics
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Sonnet BioTherapeutics's Competitors and alternates

Top competitors of Sonnet BioTherapeutics include Jazz Pharmaceuticals, BeiGene and Sana Biotechnology. Here is the list of Top 10 competitors of Sonnet BioTherapeutics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Jazz Pharmaceuticals
Jazz Pharmaceuticals
2003, Dublin (Ireland), Public
Developer of novel biopharmaceutical medicines for unmet medical needs
$265M
81/100
2nd
Logo for BeiGene
BeiGene
2010, Cambridge (United States), Public
Developer of targeted and immune-oncology drugs against cancer
$172M
81/100
3rd
Logo for Sana Biotechnology
Sana Biotechnology
2018, Seattle (United States), Public
Developer of engineered cell therapies for treating various human diseases
$821M
74/100
4th
Logo for Ideaya Biosciences
Ideaya Biosciences
2015, San Francisco (United States), Public
Developer of oncology-focused precision medicine using molecular diagnostics
$157M
73/100
5th
Logo for Senti Bio
Senti Bio
2016, San Francisco (United States), Public
Developer of cell and gene therapies for patients living with incurable diseases
$158M
72/100
6th
Developer of antibody-based therapeutics for cancer therapy
$175M
72/100
7th
Logo for Syndax
Syndax
2005, Waltham (United States), Public
Developer of targeted therapies for the treatment of cancer
$198M
72/100
8th
Logo for Immuneel
Immuneel
2018, Bengaluru (India), Series B
Developer of T-cell therapies for the treatment of cancer
$49.8M
72/100
9th
Logo for Moderna
Moderna
2010, Cambridge (United States), Public
Developer of mRNA-based therapeutics for a wide range of diseases
$2.78B
72/100
10th
Logo for C4 Therapeutics
C4 Therapeutics
2016, Cambridge (United States), Public
Developer of small molecule drugs for treating cancer
$223M
71/100
313th
Logo for Sonnet BioTherapeutics
Sonnet BioTherapeutics
2011, Princeton (United States), Public
Developer of immunotherapies for the treatment of cancer
$750K
49/100
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Sonnet BioTherapeutics's Investments and acquisitions

Sonnet BioTherapeutics has made no investments or acquisitions yet.

Reports related to Sonnet BioTherapeutics

Here is the latest report on Sonnet BioTherapeutics's sector:

News related to Sonnet BioTherapeutics

lockFilter this list
Media has covered Sonnet BioTherapeutics for a total of 8 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
•
Hyperliquid Strategies Plans $1B Raise for HYPE Treasury PurchasesCoinDesk•Oct 23, 2025•Sonnet BioTherapeutics
•
Investigation of Sonnet BioTherapeutics, Inc. (NASDAQ: SONN) AnnouncedGlobeNewswire•Jul 15, 2025•Sonnet BioTherapeutics, Monteverde
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